First, there's almost no way Anthony would join James in Cleveland, despite all that talk about the pair of superstars and friends teaming up unless there's some incredible sign-and-trade in the works that we haven't heard about.

It's also probable that the Heat would be out of the running -- that's assuming Chris Bosh flees to the Houston Rockets, leaving Miami with Dwyane Wade (who looked broken-down this season), Josh McRoberts and not much more than that. The Knicks actually have a better situation than what Pat Riley has on his hands (more on them in a second).

So it's down to the Lakers, Bulls and Knicks, as it's been for the past week. Let's assume that Anthony wants to stay in the Eastern Conference, where it's easier to get through the playoffs.

Remember, there's been some talk Anthony has faith in Knicks president Phil Jackson and the plan to return New York to contention. But there are also reports that the Bulls are still in play, an option that would instantly make Chicago a favorite along with the Indiana Pacers and, yes, the Cavaliers.

It could come down to Anthony choosing to stay and build a contender with the Knicks, which could take longer. Or he could instantly compete for an NBA championship this season in Chicago.